CBSE Class 8 Answered
Find the simple interest on rupees 2500 for 4 years at 6 1/4% per annum
Asked by shakeebatnallur | 06 Nov, 2019, 07:27: PM
Expert Answer
Given: P=Rs. 2500, N=4 years and R=6 1/4%
S.I=P x N x R/100
= (2500 x 4 x 25/4)/100
= 625
Hence, simple interest is Rs. 625.
Answered by Renu Varma | 07 Nov, 2019, 09:59: AM
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